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TikTok US Profits: ByteDance Gains 50%

ByteDance to Receive 50% of TikTok US Profits

  • ByteDance will receive 50% of TikTok’s US profits under a deal approved by President Trump.
  • The deal reduces ByteDance’s ownership in TikTok US to below 20%.
  • ByteDance retains significant financial interest by licensing its algorithm to the American-owned venture.
  • The restructuring values TikTok’s US operations at approximately $14 billion.
  • Oracle is responsible for securing US user data and overseeing content moderation as part of the security provisions.

The restructuring allows TikTok to continue operating in the US while addressing national security concerns about Chinese ownership, with ByteDance maintaining a significant financial stake through profit-sharing and algorithm licensing.

Source (3.2)https://cryptobriefing.com/bytedance-to-receive-50-percent-of-tiktok-us-profit-under-trump-deal/?rand=59535
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